Friday, October 31, 2014   

Sony to slash 5,000 jobs
(02-06 16:03)

Sony on Thursday said it would cut 5,000 jobs from its workforce, saving more than US$1.0 billion annually as the Japanese electronics giant undergoes a painful restructuring.
The job losses -- about 1,500 in Japan and 3,500 overseas -- were tied to an overhaul of its television unit and the sale of its personal computer business, it said. --AFP
   
Other Business breaking news:
BoJ chief says at 'critical moment' for exiting deflation (50 secs ago)
BOJ expands monetary easing plan as economy slows (7 mins ago)
Athens stock market down 3.6pc (10-30 18:36)
Toshiba half-year net profit surges (10-30 17:27)
German jobless total falls in October (10-30 17:23)
VW confirms full-year targets after 'robust' Q3 (10-30 16:58)
Spanish economy expands by 0.5% in Q3 (10-30 16:58)
European stocks advance at open (10-30 16:57)
Hang Seng finishes lower (10-30 16:35)
Lufthansa cuts 2015 forecast on global economic slowdown (10-30 16:05)

More breaking news >>

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